TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

go-shop provision [1 record]

Record 1 2010-10-26

English

Subject field(s)
  • Commercial Law
  • Amalgamation and Partnerships (Finance)
CONT

In respect of a business combination, directors are required to seek the best value reasonably available to shareholders … In recent years, the "go shop" provision has been used in circumstances where a target has agreed to a transaction without conducting an auction or an informal market canvass. A go shop provision allows the board of directors of a target that has entered into a transaction to shop the target for a limited period of time.

Key term(s)
  • go shop provision
  • go shop clause

French

Domaine(s)
  • Droit commercial
  • Fusion, absorption et coparticipation (Finances)
CONT

[L]es clauses autorisant la sollicitation élaborées aux États-Unis habilitent une cible à solliciter activement des offres auprès d'autres offrants après avoir signé la convention de fusion, et ce, durant une période de temps qui est habituellement limitée.

Spanish

Record saved

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: